Jul 8, 2011 6:00am EDT
of the united states of america. and the craziest part -- >> the u.n. wants to spend a big chunk of that money on things that have nothing to do with climate change in third world countries. stuart varney is here to weigh in on this. so where does this come from? where does the money come from and where would they like to see it go? >> where do you want to start on this one? this shows you how totally out of wack the global warming community is with american public opinion. what the u.n. says is this -- we need $1.9 trillion each and every year for 40 years in order to solve the climate problem worldwide and to reduce poverty and hunger worldwide. so they're bringing in poverty and hunger along with climate change. >> it's not all green. it's poverty, hunger and everything else. >> but you cannot eradicate poverty and hunger without going green because if you don't go green, you increase poverty and hunger. you got it? >> so where is this money expected to come from and how much is coming from the united states? >> ok, we contribute 22% of the united nations budget so theoretically, if this
Jul 7, 2011 8:00pm EDT
and dime the people who need it most but when it comes to war, there's a big, fat blank check. we need to be honest with ourselves. we need to be honest with each other. across the country, the americans, hard working, tax paying citizens who oppose war. they oppose their hard earned dollars being sent overseas to support 10 long years of war. but let me be clear. they do not oppose paying their taxes. they are not anarchists rr anti-government activists. but as conscientious objectors to war these americans want their taxes invested here at home. think want to provide food for the homeless, pave roads and strong schools. they want medicare and social security to exist for their parents, their children and their grandchildren. they want their tax dollars to care for soldiers and their families when they return home. they will see an end and cure to cancer. they want a cure for aids. they want to see small business thrive. and innovation become the en-in of our economy. they want high speed rail like in asia. they want transit systems that are safe and get people where they knead to go.
Jul 8, 2011 6:00pm EDT
downward by 44,000. a big disappointment for president obama and it came just two days after he a mitted doing a poor job of preparing the country for how long it's taking to climb out of the recession. in a rose garden appearance he hoped to have better news for, the president says it shows importance of the debt and deficit talks that they're focused on. >> as soon as the markets know that if debt limit ceiling will have been raised and that we have a serious plan to deal with our debt and deficit, the sooner that we give our businesses the certainty that they will need. >> reporter: republicans say the slow job growth shows why we can't raise taxes to lower the deficit. and they attack mr. obama economic policies more broadly. >> the president tells us he inherited a bad situation. i concede the point, but he has made it worse. >> reporter: democrats returned the criticism. >> it's day 185 of the republican majority in the congress and we still have not seen one jobs bill come to the floor. >> bret: each side seems either a different prescription for job growth or reason to block the
Jul 8, 2011 6:00am EDT
payments >>> big pickup trucks are sitting on dealer lots and there is concerned there could be a price wars and lower profits earlier this year. the biggest backlog of inventory is the gmc full-size pickup. >>> the toyota prius sales should be last year's sales. the increase in sales was fuelled by high credit -- high gas prices. >>> back-to-school sales are starting early because stars are nervous about consumer spending despite the good retail spending numbers yesterday. last year, consumers spent more than $55 million on back-to- school shopping. >> thank you very much. the time is 6:19 and time for traffic and weather. >>> the rain will start late this morning and into the mid day and it will really had us this afternoon. to let the morning sunshine deceive you. there are some blue sky is mixed in with cloud cover pa but it will be an active afternoon. this is the drought monitor. a good portion of our viewing area is abnormally dry at the moment. agricultural speaking, it is a good thing. it could be too much of a good thing. that is why we have the flash flood watch that will tak